05/10/2023
A new AI software has been introduced, which will draw data from registries and bank accounts to assess people's cash deposits and assets in a bid to help the tax department keep tabs on income and tax dues
05/09/2023
The statement also showed general insurance delivered underwriting income of $502 million, representing the strongest first quarter underwriting results.
05/09/2023
Individuals resident and domiciled in Ireland are subject to taxation on all their income and profits globally.
05/09/2023
Life insurance, probably the least sexy area of financial planning, can be used to save tens of millions of dollars in taxes if bought from issuers in the Cayman Islands and Bermuda.
05/05/2023
A deep dive into offshore tax havens.
04/28/2023
With three years of regulatory responses and submissions completed, it’s a crucial time for companies to revisit their business models and review the original economic substance assessment to see if it still holds up in light of emerging trends
04/25/2023
An investment fund must meet several conditions to qualify for the safe harbour
04/19/2023
But there is still a commitment to a split into two companies.
04/19/2023
This chapter first appeared in the fifth edition of The Corporate Tax Planning Law Review published by Law Business Research.
04/18/2023
The position of the applicants was that they come from a wealthy family and have benefited from substantial gifts from their late parents.
04/11/2023
Wilson noted that there are 50,000 businesses registered and about 40,000 of those businesses report an annual turnover of less than $100,000.
04/03/2023
There is a basic premise that VAT incurred on purchases is only recoverable to the extent that it is used in the making of taxable supplies by a taxable person.
03/30/2023
The Malta Financial Services Advisory Council suggests opt-out pension plans for employees and tax cuts on income from private pension schemes in new financial services strategy
03/29/2023
Authorities said banks, including Societe Generale, BNP Paribas and HSBC, faced a compensation request of more than $1bn.
03/29/2023
UK government ‘is likely to continue to invest in this high-end form of tax enforcement’
03/29/2023
The likelihood of owning such an account increases sharply with income, the researchers found, and the value of those accounts soars at the very top of the income distribution.
03/27/2023
The unit only reserves criminal processes only for serious investigations.
03/23/2023
Properties that are part of hotel rental pools previously enjoyed exemption from payment of real property tax
03/23/2023
The Ministry of Finance (MOF) has previously stated that the practice of insurers claiming VAT paid on payouts as inputs are not allowed in law.
03/22/2023
The firm will also be looking at facilitating secondments.